Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	YANDEX NV A	5,287,500	$228M	9.8%	$29.64	—	COMMON STOCK	B5BSZB3
MLCO	MELCO CROWN ENTERTAINMENT LTD ADR	3,943,100	$155M	6.7%	$26.90	—	COMMON STOCK	585464100
ITUB	ITAU UNIBANCO HOLDING SA PN ADR	8,069,716	$110M	4.7%	$13.39	—	COMMON STOCK	465562106
GGB	GERDAU SA PN ADR	13,009,500	$102M	4.4%	$5.71	—	COMMON STOCK	373737105
BBD	BANCO BRADESCO SA PN ADR	7,494,185	$93.9M	4.0%	$13.00	—	COMMON STOCK	059460303
CX	CEMEX SAB DE CV CPO UNIT ADR (2 A SHRS + 1 B SHR)	7,741,608	$91.58M	3.9%	$10.77	—	COMMON STOCK	151290889
—	ENSCO PLC CL A	1,504,400	$86.02M	3.7%	$57.94	—	COMMON STOCK	B4VLR19
GILD	GILEAD SCIENCES INC	1,054,700	$79.26M	3.4%	$36.21	+33.6%	COMMON STOCK	375558103
IBN	ICICI BANK LTD ADR	2,064,000	$76.72M	3.3%	$38.25	—	COMMON STOCK	45104G104
—	GENPACT LTD	3,824,970	$70.27M	3.0%	$19.24	—	COMMON STOCK	B23DBK6
—	ARCOS DORADOS HOLDINGS INC CL A	5,412,332	$65.6M	2.8%	$11.68	—	COMMON STOCK	B529PQ0
—	ENERSIS SA ADR	3,953,431	$59.26M	2.6%	$16.29	—	COMMON STOCK	29274F104
—	COBALT INTERNATIONAL ENERGY INC	3,503,057	$57.63M	2.5%	$26.43	—	COMMON STOCK	19075F106
—	NEW ORIENTAL EDU & TECH GRP INC ADR	1,538,600	$48.47M	2.1%	$24.81	—	COMMON STOCK	647581107
GS	GOLDMAN SACHS GROUP INC	239,270	$42.41M	1.8%	$120.06	+8.8%	COMMON STOCK	38141G104
—	GOOGLE INC CL A	37,203	$41.69M	1.8%	$901.69	—	COMMON STOCK	38259P508
BMY	BRISTOL-MYERS SQUIBB CO	696,300	$37.01M	1.6%	$28.67	+19.2%	COMMON STOCK	110122108
DHR	DANAHER CORP	446,248	$34.45M	1.5%	$25.01	+18.8%	COMMON STOCK	235851102
—	EATON CORP PLC	396,900	$30.21M	1.3%	$65.81	—	COMMON STOCK	B8KQN82
VRSN	VERISIGN INC	481,800	$28.8M	1.2%	$47.34	+15.3%	COMMON STOCK	92343E102
—	OI SA PN ADR	17,564,919	$27.93M	1.2%	$1.80	—	COMMON STOCK	670851203
—	MINDRAY MEDICAL INTL LTD CL A ADR	756,500	$27.51M	1.2%	$37.60	—	COMMON STOCK	602675100
AMT	AMERICAN TOWER CORP (REIT)	306,692	$24.48M	1.1%	$59.50	-1.6%	COMMON STOCK	03027X100
—	GRANA Y MONTERO SAA ADR	1,143,400	$24.27M	1.0%	$20.03	—	COMMON STOCK	38500P208
ORCL	ORACLE CORP	618,700	$23.67M	1.0%	$27.58	+4.4%	COMMON STOCK	68389X105
TS	TENARIS SA ADR	537,046	$23.46M	1.0%	$40.27	—	COMMON STOCK	88031M109
—	NIELSEN HOLDINGS NV	467,400	$21.45M	0.9%	$33.59	—	COMMON STOCK	B4NTRF5
BA	BOEING CO	155,100	$21.17M	0.9%	$80.37	+38.0%	COMMON STOCK	097023105
MRSH	MARSH & MCLENNAN COMPANIES INC	418,400	$20.23M	0.9%	$31.19	+19.9%	COMMON STOCK	571748102
CVX	CHEVRON CORP	159,497	$19.92M	0.9%	$71.30	+1.7%	COMMON STOCK	166764100
AAPL	APPLE INC	34,590	$19.41M	0.8%	$13.16	+24.4%	COMMON STOCK	037833100
—	BRF SA ON ADR	902,400	$18.83M	0.8%	$21.71	—	COMMON STOCK	10552T107
SLB	SCHLUMBERGER LTD	199,722	$18M	0.8%	$52.90	+23.0%	COMMON STOCK	806857108
V	VISA INC CL A	79,550	$17.71M	0.8%	$40.02	+15.7%	COMMON STOCK	92826C839
CVE	CENOVUS ENERGY INC	611,667	$17.5M	0.8%	$22.39	+0.2%	COMMON STOCK	15135U109
PG	PROCTER & GAMBLE CO	195,100	$15.88M	0.7%	$55.00	+5.5%	COMMON STOCK	742718109
CME	CME GROUP INC CL A	191,300	$15.01M	0.6%	$39.16	+21.1%	COMMON STOCK	12572Q105
—	DELPHI AUTOMOTIVE PLC	248,000	$14.91M	0.6%	$51.90	—	COMMON STOCK	B783TY6
SBUX	STARBUCKS CORP	188,600	$14.78M	0.6%	$24.37	+28.1%	COMMON STOCK	855244109
HD	HOME DEPOT INC	155,800	$12.83M	0.6%	$56.05	+4.8%	COMMON STOCK	437076102
ENB	ENBRIDGE INC	276,100	$12.06M	0.5%	$22.11	-0.1%	COMMON STOCK	29250N105
—	EXPRESS SCRIPTS HOLDING CO	169,800	$11.93M	0.5%	$61.69	—	COMMON STOCK	30219G108
—	ROYAL CARIBBEAN CRUISES LTD	249,000	$11.81M	0.5%	$33.34	—	COMMON STOCK	2754907
WHR	WHIRLPOOL CORP	75,000	$11.77M	0.5%	$121.27	+20.9%	COMMON STOCK	963320106
HAL	HALLIBURTON CO	230,055	$11.68M	0.5%	$33.21	+24.3%	COMMON STOCK	406216101
JPM	JPMORGAN CHASE & CO	197,443	$11.55M	0.5%	$36.24	+9.4%	COMMON STOCK	46625H100
CMCSA	COMCAST CORP CL A	214,300	$11.14M	0.5%	$15.62	+17.7%	COMMON STOCK	20030N101
AMZN	AMAZON.COM INC	27,900	$11.13M	0.5%	$13.32	+35.0%	COMMON STOCK	023135106
—	NOBLE ENERGY INC	160,700	$10.95M	0.5%	$60.04	—	COMMON STOCK	655044105
—	BROADCOM CORP CL A	365,300	$10.83M	0.5%	$33.76	—	COMMON STOCK	111320107
PM	PHILIP MORRIS INTERNATIONAL	122,349	$10.66M	0.5%	$49.85	-4.0%	COMMON STOCK	718172109
—	BB&T CORPORATION	285,600	$10.66M	0.5%	$33.88	—	COMMON STOCK	054937107
CAT	CATERPILLAR INC	117,200	$10.64M	0.5%	$61.55	+1.8%	COMMON STOCK	149123101
—	SEATTLE GENETICS INC	264,400	$10.55M	0.5%	$33.27	—	COMMON STOCK	812578102
—	BLACKROCK INC	31,916	$10.1M	0.4%	$256.85	—	COMMON STOCK	09247X101
—	ACE LTD	97,000	$10.04M	0.4%	$89.48	—	COMMON STOCK	B3BQMF6
—	CHARTER COMMUNICATIONS INC CL A	73,100	$9.997M	0.4%	$123.85	—	COMMON STOCK	16117M305
NKE	NIKE INC CL B	126,800	$9.972M	0.4%	$26.53	+23.9%	COMMON STOCK	654106103
HXL	HEXCEL CORPORATION	217,500	$9.72M	0.4%	$36.70	+15.1%	COMMON STOCK	428291108
MOS	MOSAIC COMPANY (THE)	205,600	$9.719M	0.4%	$46.26	-21.4%	COMMON STOCK	61945C103
—	SEADRILL LTD	217,864	$8.891M	0.4%	$40.16	—	COMMON STOCK	B09RMQ1
—	ACCENTURE PLC CL A	106,300	$8.74M	0.4%	$71.96	—	COMMON STOCK	B4BNMY3
LULU	LULULEMON ATHLETICA INC	144,600	$8.536M	0.4%	$72.35	-5.1%	COMMON STOCK	550021109
—	DEUTSCHE BANK AG NAMEN	167,845	$8.02M	0.3%	$41.80	—	COMMON STOCK	5750355
—	LYONDELLBASELL INDUSTRIES NV A	94,600	$7.594M	0.3%	$66.26	—	COMMON STOCK	B3SPXZ3
—	B/E AEROSPACE INC	87,200	$7.589M	0.3%	$63.08	—	COMMON STOCK	073302101
NWL	NEWELL RUBBERMAID INC	231,200	$7.493M	0.3%	$16.79	+13.2%	COMMON STOCK	651229106
IEX	IDEX CORP	89,666	$6.622M	0.3%	$45.08	+31.4%	COMMON STOCK	45167R104
—	UNITED TECHNOLOGIES CORP	54,391	$6.19M	0.3%	$92.94	—	COMMON STOCK	913017109
CNC	CENTENE CORP	99,000	$5.836M	0.3%	$12.12	+23.4%	COMMON STOCK	15135B101
—	CBS CORP CL B N/V	89,700	$5.717M	0.2%	$48.87	—	COMMON STOCK	124857202
—	POLYPORE INTERNATIONAL INC	129,700	$5.045M	0.2%	$40.30	—	COMMON STOCK	73179V103
—	IRON MOUNTAIN INC	160,376	$4.867M	0.2%	$26.61	—	COMMON STOCK	462846106
—	UBS AG NAMEN	251,418	$4.783M	0.2%	$16.99	—	COMMON STOCK	B18YFJ4
—	AVAGO TECHNOLOGIES LTD	90,100	$4.765M	0.2%	$52.89	—	COMMON STOCK	B3WS2X9
ICE	INTERCONTINENTALEXCHANGE GROUP INC	21,000	$4.723M	0.2%	$35.28	0.0%	COMMON STOCK	45866F104
—	COACH INC	82,200	$4.614M	0.2%	$57.09	—	COMMON STOCK	189754104
FCX	FREEPORT-MCMORAN COPPER & GOLD	115,054	$4.342M	0.2%	$24.45	+23.0%	COMMON STOCK	35671D857
—	AON PLC CL A	46,400	$3.892M	0.2%	$64.94	—	COMMON STOCK	B5BT0K0
—	SCRIPPS NETWORKS INTERACTIVE INC CL A	41,000	$3.543M	0.2%	$66.76	—	COMMON STOCK	811065101
—	DREAMWORKS ANIMATION SKG INC CL A	98,984	$3.514M	0.2%	$25.66	—	COMMON STOCK	26153C103
—	TIFFANY & CO	34,900	$3.238M	0.1%	$72.84	—	COMMON STOCK	886547108
ATI	ALLEGHENY TECHNOLOGIES INC	88,437	$3.151M	0.1%	$26.04	+18.0%	COMMON STOCK	01741R102
—	TIM PARTICIPACOES SA ON ADR	114,200	$2.997M	0.1%	$23.57	—	COMMON STOCK	88706P205
JBL	JABIL CIRCUIT INC	167,300	$2.918M	0.1%	$16.76	+8.2%	COMMON STOCK	466313103
—	FREESCALE SEMICONDUCTOR LTD	177,100	$2.842M	0.1%	$13.55	—	COMMON STOCK	B4349B0
NSC	NORFOLK SOUTHERN CORP	28,778	$2.671M	0.1%	$57.67	+13.9%	COMMON STOCK	655844108
CCL	CARNIVAL CORP COMMON PAIRED STOCK	65,500	$2.631M	0.1%	$27.66	+5.8%	UNITS	143658300
ON	ON SEMICONDUCTOR CORP	311,400	$2.566M	0.1%	$8.02	-9.1%	COMMON STOCK	682189105
HDB	HDFC BANK LTD ADR	70,500	$2.428M	0.1%	$36.24	—	COMMON STOCK	40415F101
—	CLIFFS NATURAL RESOURCES INC	87,611	$2.296M	0.1%	$16.25	—	COMMON STOCK	18683K101
—	ASML HOLDING NV (USD)	23,184	$2.172M	0.1%	$79.11	—	COMMON STOCK	B908F01
—	MONSANTO CO	17,329	$2.02M	0.1%	$98.80	—	COMMON STOCK	61166W101
PGR	PROGRESSIVE CORP	71,502	$1.95M	0.1%	$17.04	+6.7%	COMMON STOCK	743315103
—	CERNER CORPORATION	33,936	$1.892M	0.1%	$87.95	—	COMMON STOCK	156782104
CCJ	CAMECO CORP	73,435	$1.523M	0.1%	$17.58	-3.7%	COMMON STOCK	13321L108
—	OI SA ON ADR	922,377	$1.513M	0.1%	$1.96	—	COMMON STOCK	670851104
TSM	TAIWAN SEMICONDUCTOR MFG CO ADR	80,948	$1.412M	0.1%	$18.32	—	COMMON STOCK	874039100
KLAC	KLA-TENCOR CORP	20,000	$1.289M	0.1%	$33.95	+17.2%	COMMON STOCK	482480100
—	ALLERGAN INC	6,000	$666K	0.0%	$84.25	—	COMMON STOCK	018490102
MDLZ	MONDELEZ INTERNATIONAL INC	14,700	$519K	0.0%	$23.16	+10.2%	COMMON STOCK	609207105
KO	COCA-COLA CO	10,500	$434K	0.0%	$26.95	0.0%	COMMON STOCK	191216100